published Apr 7th 2017, 3:02 pm, by Jeremy Herron and Dani Burger (Bloomberg) — U.S. stocks ended a volatile session lower, while the dollar advanced with Treasury yields as investors looked past a U.S. military strike in Syria and worse-than-forecast hiring data. The S&P 500 Index slipped amid volume 15

published Apr 4th 2017, 7:52 am, by David Welch and Jamie Butters (Bloomberg) — Ford Fusion: down 37 percent. Chevrolet Malibu: down 36 percent. Toyota Prius: down 29 percent. As those grim numbers suggest, the U.S. auto industry was blindsided last month by just how fast sedans have fallen out

published Apr 7th 2017, 10:56 am, by Barry Ritholtz (Bloomberg View) — One of the great misunderstandings about the financial crisis is the role that repealing the Glass-Steagall Act played. This is newly relevant, as there has been interest from White House economic adviser Gary Cohn in restoring the Depression-era

published Apr 9th 2017, 5:00 pm, by Johan Carlstrom (Bloomberg) — One of the world’s most generous refugee destinations is about to learn whether its worst peacetime attack will prove a tipping point in setting immigration policy. For now, Swedes are making a vocal show of defending their open and

published Apr 6th 2017, 9:23 pm, by Ranjeetha Pakiam (Bloomberg) — Gold rallied with haven assets as the U.S. launched a punitive missile strike against Bashar al-Assad’s regime for its use of poison gas to kill civilians, with Secretary of State Rex Tillerson telling reporters that steps are under way

published Apr 4th 2017, 4:01 pm, by Bloomberg News (Bloomberg) — It took more than a decade for Yang Kai to amass one of China’s most celebrated dairy fortunes. He may have lost it in less than 90 minutes. The chairman of China Huishan Dairy Holdings Co., who turned a

published Apr 5th 2017, 5:00 am, by Mya Frazier (Bloomberg) — For two days, the crowd sits in darkness in plush theater seats, watching the church stage. There are smoke machines and LED screens, harnessed climbers scaling a scaffold “mountain” and raising their arms in symbolic victory over the startup

published Apr 5th 2017, 4:35 pm, by Leslie Patton (Bloomberg) — Starbucks Corp. has been struggling for years to pull off its ambitious plan of selling more food. That task just got tougher. JAB Holding Co.’s $7.2 billion acquisition of bakery-cafe chain Panera Bread Co. on Wednesday vaults the investment

published Apr 5th 2017, 3:03 pm, by Rebecca Greenfield (Bloomberg) — It looked pretty good for young women’s earnings in 2011. The pay gap separating women and men aged 25 to 34 was the smallest ever recorded by the Pew Research Center, with young women earning 97 cents for every

published Apr 5th 2017, 4:41 pm, by Chris Strohm (Bloomberg) — The U.S. deported a former New York banker to Russia who allegedly tried to recruit an ex-adviser to President Donald Trump and was convicted and imprisoned in 2016 for being a spy for Moscow. Evgeny Buryakov, 42, worked as